Base

@base Onchain Daily Snapshot (11/14/2024)

Active Addresses: 1.20M (-0.83%)
Txn: 6.82M (+2.40%)
TVL: $9.64B (+1.69%) - ATH
Stable TVL: $3.34B (+0.60%)
Revenue: $486.54K (+20.23%)
Paid to L1: $4.88K (-69.11%)
Onchain Profit: $481.66K (+23.88%)
Txn Cost: $0.010 (+25%)

Summary:

Base achieved another record-high TVL of $9.64B, underscoring its growing market traction and strong liquidity. Active addresses remained steady, with a slight decrease, while revenue and onchain profit surged, suggesting increased high-fee or value transactions. The sharp drop in Layer 1 payouts and stable transaction costs reflect efficient network scaling. Despite the increase in transaction cost, Base’s Layer 2 solution maintains a competitive edge in cost efficiency, attracting more activity and solidifying its position in the ecosystem.

OG FARCASTER ,
Ambassador AleoHQ ,
contributer mode network